Press release
Fat Replacers Market - Exploration Trends, Analysis, Growth Prospects And Forecast 2033
The new report published by The Business Research Company, titled Fat Replacers Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the fat replacers market size has grown strongly in recent years. It will grow from $2.79 billion in 2023 to $2.98 billion in 2024 at a compound annual growth rate (CAGR) of 6.5%. The fat replacers market size is expected to see strong growth in the next few years. It will grow to $3.78 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%.
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Surging Obesity Rates Propel Growth In The Fat Replacers Market As A Strategy For Health-Conscious Eating
The rising prevalence of obesity is expected to propel the growth of the fat replacers market going forward. Obesity is a condition characterized by excessive body fat accumulation due to an imbalance between calorie intake and energy expenditure. Fat replacers are increasingly adopted to address obesity by reducing fat content in food products while maintaining taste and texture, promoting healthier eating habits, and mitigating risk factors associated with these conditions. For instance, in June 2021, according to the National Health and Nutrition Examination Survey (NHANES) report published by the Centers for Disease Control and Prevention (CDC), a US-based public health agency, more than 40% of adults and 18.5% of children in the United States were affected by obesity. The prevalence of obesity in the US has increased from 30.5% to 41.9%, with the prevalence of severe obesity increasing from 4.7% to 9.2% between 2017 and 2020. Therefore, the rising prevalence of obesity is driving the growth of the market for fat replacers.
Givaudan's Primelock+ Highlights Advancements In Emulsion And Encapsulation Technologies Driving Fat Replacers Market
Advancements in emulsion and encapsulation technologies are a key trend gaining popularity in the fat replacers market. Companies operating in the fat replacers market are utilizing advanced food processing techniques and formulation technologies to create innovative and healthier alternative products and sustain their position in the market. For instance, in February 2022, Givaudan, a Switzerland-based flavor and fragrance company, launched PrimeLock+, an integrated technology designed to encapsulate and safeguard the flavor and fat components within plant-based meat alternatives. This innovative solution enables the gradual release of the encapsulated elements during cooking and consumption, leading to a reduction of up to 75% in fat content and 30% in calories in the final product. By leveraging PrimeLock+, companies can develop lower-fat, plant-based food offerings like burgers, sausages, and meatballs while enhancing the overall sensory experience for consumers.
The fat replacers market covered in this report is segmented -
1) By Type: Carbohydrate, Protein, Lipid, Other Types
2) By Source: Plants, Animals
3) By Form: Liquid, Powder
4) By Application: Convenience Food And Beverages, Bakery And Confectionery Products, Sauces, Dressings And Spreads, Dairy And Frozen Desserts, Other Applications
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Major companies operating in the fat replacers market report are Cargill Inc., Nestle SA, Archer Daniels Midland Company, BASF SE, P&G Chemicals, Evonik Industries AG, Associated British Foods Plc., Fonterra Co-operative Group Limited, Royal Avebe UA, Arla Foods Ingredients Group, Ajinomoto Group, Sudzucker AG, Koninklijke DSM N.V., Kerry Group Plc., Ingredion Incorporated, Givaudan SA, Lonza Group AG, DuPont Nutrition & Health, Roquette Freres S.A., Ashland Global Holdings Inc., Tate & Lyle PLC, Corbion N.V., Sensient Technologies, CP Kelco US Inc., Innophos Holdings Inc., Fiberstar Inc., BENEO GmbH, Mycorena, Ulrick & Short, Epogee LLC
Contents of the report:
1. Executive Summary
2. Fat Replacers Market Report Structure
3. Fat Replacers Market Trends And Strategies
4. Fat Replacers Market - Macro Economic Scenario
5. Fat Replacers Market Size And Growth
…..
27. Fat Replacers Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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